- Associated Press - Tuesday, December 16, 2014

NASHVILLE, Tenn. (AP) - Yamaha Jet Boat Manufacturing USA is expanding its production facility in East Tennessee, creating 150 new jobs.

The company announced it will spend about $18 million to buy a 36,000-square-foot building next to its current plant in Vonore that will be used for offices and production.

The company plans to begin operating in the new location by the end of next year, with production scheduled to begin in the second half of 2016.

State economic development officials planned to seek approval from the State Funding Board on Tuesday for a Fast Track grant of $870,000 for Yamaha to expand.

Yamaha is the largest manufacturer of 19- to 24-foot sport boats in the United States. The company last expanded its operations in Monroe County last year.


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